Tuesday, March 13, 2007

Paul Bremer: No idea where money is

No surprises in this story, just further confirmation that the American state (the state they already have, that they’ve been building for 60 years) is a completely corrupt disaster: Audit: U.S. lost track of $9 billion in funds. (Hat tip: LBB readers.)

Audit: U.S. lost track of $9 billion in Iraq funds

WASHINGTON (CNN) -- Nearly $9 billion of money spent on Iraqi reconstruction is unaccounted for because of inefficiencies and bad management, according to a watchdog report published Sunday.

An inspector general's report said the U.S.-led administration that ran Iraq until June 2004 is unable to account for the funds.

"Severe inefficiencies and poor management" by the Coalition Provisional Authority has left auditors with no guarantee the money was properly used," the report said.

George Bush, meanwhile, speaking to a group of Republicans in Iowa, wants even more money!

Washington - The White House is ready to ask Congress for more money for President Bush's plan - already hotly debated - to send 21,500 new combat troops into Iraq.

The move would pay for support personnel and otherwise update last month's request for the Iraq war. It is expected to draw criticism from Democrats who say the Pentagon underestimated the costs of Bush's plan for improving security in Baghdad and Anbar province.

The latest request could come today, modifying last month's $93.4 billion request for military operations in Iraq and Afghanistan through Sept. 30.

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